Houlihan Lokey, Inc. (HLI) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:02.434 Good day, ladies and gentlemen. Thank you for standing by. 00:00:02.434 -- 00:00:08.862 Welcome to Houlihan Loki's fiscal second quarter 2026 earnings conference call. 00:00:08.862 -- 00:00:12.327 At this time, all participants are in a listen-only mode. 00:00:12.327 -- 00:00:16.329 A question and answer session will follow the formal presentation. 00:00:16.332 -- 00:00:20.477 Please note this conference call is being recorded today, October 30th, 2025. 00:00:20.477 -- 00:00:22.039 I 00:00:22.039 -- 00:00:26.162 would now like to turn the floor over to the company. 00:00:27.065 -- 00:00:32.211 Thank you, operator, and hello, everyone. By now, everyone should have access 00:00:32.211 -- 00:00:37.257 to our second quarter fiscal year 2026 earnings release, which can be 00:00:37.257 -- 00:00:42.221 found on the Houlihan Loki website at www.hl.com 00:00:42.885 -- 00:00:48.051 in the investor relations section. Before we begin our formal remarks, we need 00:00:48.051 -- 00:00:53.658 to remind everyone that the discussion today will include forward-looking statements. 00:00:53.658 -- 00:00:58.208 These forward-looking statements which are usually identified by use of words such as 00:00:58.208 -- 00:01:03.819 will, expect, anticipate, should, or other similar phrases, are not guarantees 00:01:03.819 -- 00:01:09.830 of future performance. These statements are subject to numerous risks and uncertainties 00:01:09.830 -- 00:01:15.440 that could cause actual results to differ materially from what we expect, and therefore, 00:01:15.440 -- 00:01:20.170 you should exercise caution when interpreting and relying on them. 00:01:20.170 -- 00:01:25.859 we refer all of you to our recent SEC filings for a more detailed discussion of the risks 00:01:25....